Envestnet Portfolio Solutions Inc. Raises Stock Position in iShares Russell 2000 ETF $IWM

Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 78.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,966 shares of the exchange traded fund’s stock after acquiring an additional 42,559 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 2000 ETF were worth $23,462,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Empower Advisory Group LLC raised its holdings in iShares Russell 2000 ETF by 5.8% during the second quarter. Empower Advisory Group LLC now owns 8,616,866 shares of the exchange traded fund’s stock worth $1,859,433,000 after purchasing an additional 472,801 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Russell 2000 ETF by 35.3% in the second quarter. JPMorgan Chase & Co. now owns 8,178,921 shares of the exchange traded fund’s stock valued at $1,764,930,000 after purchasing an additional 2,134,779 shares during the last quarter. Rafferty Asset Management LLC increased its position in shares of iShares Russell 2000 ETF by 10.6% in the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after buying an additional 648,801 shares in the last quarter. Holocene Advisors LP acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth $1,230,003,000. Finally, Laurel Wealth Advisors LLC raised its stake in shares of iShares Russell 2000 ETF by 22,037.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,865,477 shares of the exchange traded fund’s stock worth $618,341,000 after buying an additional 2,852,533 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.7%

Shares of IWM opened at $269.79 on Friday. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $271.60. The stock has a market cap of $78.99 billion, a P/E ratio of 17.69 and a beta of 1.13. The company has a 50-day moving average of $251.16 and a two-hundred day moving average of $240.65.

About iShares Russell 2000 ETF

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.